Invesco Global Equity Income Trust (LON:IGET) Posts Quarterly Earnings Results

Invesco Global Equity Income Trust (LON:IGET) released its quarterly earnings results on Wednesday. The company reported GBX 1.81 ($0.02) EPS for the quarter, Digital Look Earnings reports.

Invesco Global Equity Income Trust Stock Performance

Shares of Invesco Global Equity Income Trust stock traded down GBX 4 ($0.05) during trading hours on Wednesday, hitting GBX 342 ($4.33). The company’s stock had a trading volume of 38,966 shares, compared to its average volume of 115,327. Invesco Global Equity Income Trust has a twelve month low of GBX 266 ($3.37) and a twelve month high of GBX 354.08 ($4.49). The firm has a fifty day moving average of GBX 314.82 and a 200-day moving average of GBX 301.35.

Invesco Global Equity Income Trust Dividend Announcement

The firm also recently announced a dividend, which was paid on Friday, February 14th. Shareholders of record on Thursday, January 16th were given a GBX 3.13 ($0.04) dividend. The ex-dividend date was Thursday, January 16th. This represents a yield of 1.01%.

Insider Buying and Selling

In related news, insider Helen Galbraith bought 14,000 shares of the firm’s stock in a transaction on Tuesday, December 3rd. The shares were bought at an average price of GBX 312 ($3.95) per share, with a total value of £43,680 ($55,361.22).

About Invesco Global Equity Income Trust

Invesco Global Equity Income Trust plc (IGET) is the successor to the former Invesco Select Trust Global Equity Income Share Portfolio, part of the Invesco Select Investment Trust.

Why consider Invesco Global Equity Income Trust plc?
– A focus on finding quality companies at attractive prices that can grow cashflows, to provide income and growth for investors.

– A high-conviction, high active share, globally diversified portfolio of around 40-45 holdings spread across sectors, geographies and market capitalisation.

– An annual dividend target of at least 4% set by IGET’s Board, ensuring a focus on delivering predictable income.¹

¹ The dividend policy involves paying at least 4% calculated on the unaudited year end NAV, paid quarterly in equal amounts.